Middle East Venture Partners Invests in Falafel Games, Body & Soul and Droid Shield

5 Feb, 2011

2 days ago Middle East Venture Partners (MEVP) has announced 3 new investments in 3 early stage startups these companies are:

based in Lebanon Manufactures and exports natural and organic personal care products.

Based in UAE is a cloud based Android focused remote device management and control solution provider

Based in Hong Kong develops Arabic online games for the Arab region, and focus on massively multiplayer online (MMO) games.

With this investments MEVP bring the number of companies in it portfolio to 6 , however Walid Hana Managing Partner of MEVP said that all of MEVP’s investments to date are relatively small but they will select standout companies from their portfolio and provide up to 2 million USD in future rounds.

Past MEVP investments were in Pin-Pay SA, iLevel SAL and Multilane SAL.

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